FTC press release: “Federal regulators [March 31, 2006] released “Evolution of a Prototype Financial Privacy Notice,” a report by Kleimann Communication Group summarizing consumer research commissioned by the regulators as part of their ongoing efforts to develop improved financial privacy notices…The report concludes that consumers need a context for understanding information in financial privacy notices. The research shows that while there is a general awareness of information sharing practices, most consumers do not understand them.”
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